Company Valuation: Nova Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,175 2,345 3,947 5,746 10,023 11,531 - -
Change - -43.83% 68.29% 45.6% 74.43% 15.05% - -
Enterprise Value (EV) 1 4,175 2,345 3,947 5,340 9,706 11,481 11,052 10,530
Change - -43.83% 68.29% 35.31% 81.76% 18.28% -3.74% -4.72%
P/E 47x 18.6x 32.1x 34.3x 41.3x 38.3x 28.8x 25.1x
PBR 9.22x 4.43x - 6.22x 7.92x 7.25x 5.64x 4.26x
PEG - 0.5x -11.77x 1x 1.1x 2x 0.9x 1.7x
Capitalization / Revenue 10x 4.11x 7.62x 8.55x 11.4x 10.7x 8.48x 7.13x
EV / Revenue 10x 4.11x 7.62x 7.94x 11x 10.7x 8.12x 6.51x
EV / EBITDA 31.4x 12.5x 23.7x 23.1x 31.8x 28.7x 20.8x 15.3x
EV / EBIT 33x 13.1x 25.2x 24.3x 33.2x 30.8x 22.3x 17.5x
EV / FCF - - - 24.5x 44.5x 54.5x 30.6x -
FCF Yield - - - 4.08% 2.25% 1.84% 3.27% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 3.12 4.4 4.28 5.75 7.96 9.484 12.59 14.48
Distribution rate - - - - - - - -
Net sales 1 416.1 570.7 517.9 672.4 880.6 1,078 1,360 1,618
EBITDA 1 132.8 187.2 166.8 231 305.4 399.9 532.5 686.4
EBIT 1 126.3 178.6 156.4 219.3 292 372.6 494.8 602.7
Net income 1 93.1 140.2 136.3 183.8 259.2 326.9 421.2 492.3
Net Debt 1 - - - -406 -316.8 -50.21 -479.6 -1,001
Reference price 2 146.50 81.68 137.39 196.95 328.39 362.81 362.81 362.81
Nbr of stocks (in thousands) 28,500 28,711 28,725 29,176 30,522 31,783 - -
Announcement Date 24/02/22 15/02/23 15/02/24 13/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.55x10.46x28.17x-.--% 11.32B
22.3x12.66x19.18x0.34% 5,367B
22.87x11.23x15.22x1.1% 2,004B
38.79x16.35x24.01x0.73% 1,707B
13.94x8.5x10.26x0.05% 1,147B
5.28x3.4x4.11x0.2% 974B
97.93x17.72x67.33x-.--% 914B
-47.05x9.41x26.18x-.--% 571B
218.61x47.95x97.67x-.--% 294B
Average 45.58x 15.30x 32.46x 0.27% 1,443B
Weighted average by Cap. 29.28x 12.87x 22.77x 0.42%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

-40%: Exceptional extension
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